Thales (OTCMKTS:THLEF) Trading Down 2.4% – Should You Sell?

Thales S.A. (OTCMKTS:THLEF)’s stock price fell 2.4% during mid-day trading on Monday . The stock traded as low as $300.4499 and last traded at $300.50. 105 shares were traded during trading, a decline of 68% from the average session volume of 324 shares. The stock had previously closed at $307.90.

Thales Price Performance

The business has a 50-day moving average of $281.92 and a 200 day moving average of $282.71.

Institutional Trading of Thales

An institutional investor recently raised its position in Thales stock. Generali Investments CEE investicni spolecnost a.s. increased its holdings in shares of Thales S.A. (OTCMKTS:THLEF) by 6.4% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 21,552 shares of the company’s stock after acquiring an additional 1,289 shares during the quarter. Generali Investments CEE investicni spolecnost a.s.’s holdings in Thales were worth $6,743,000 as of its most recent SEC filing. 20.76% of the stock is currently owned by hedge funds and other institutional investors.

About Thales

Thales SA is a global technology company headquartered in Paris, France, specializing in developing advanced systems and solutions for the aerospace, defense, security, and transportation markets. The company’s core activities encompass the design, integration, and deployment of mission-critical equipment such as avionics and flight management systems, radar and sensor technologies, secure communications networks, and digital identity and cybersecurity platforms.

In the aerospace sector, Thales provides flight avionics, air traffic management solutions, and in-flight entertainment systems to commercial and military customers.